Accounts Receivable & Settlement Manager

Title: Accounts Receivable & Settlement Manager Employee Status: Regular Full Time Work From Home Option: Fully Remote (Incumbent must reside in New York, Connecticut, New Jersey, Pennsylvania, Indiana, Texas, or Kentucky) FLSA Status: Exempt Job Overview: The Accounts Receivable & Settlement Manager is responsible for management of all receivables and simulcast settlement activity to ensure timely and accurate reporting. In addition, monitoring and tracking of cash activity. Identify and implement process improvements and efficiencies in order to achieve excellence. Essential Functions: • Accountable for the performance and results of the A/R function, including simulcast settlements; • Maintain accounts receivable subledger for multiple companies in SAP • Communicate with simulcast settlement agents to ensure accuracy of billing/payables; • Apply cash receipts in SAP; • Prepare monthly revenue (invoice billing) and A/R journal entries; • Reconcile simulcast revenue, calculate purse and other statutory expenses, and prepare applicable journal entries; • Conduct monthly bad debt review, propose allowance for doubtful accounts, and report delinquent accounts to department heads; • Prepare year-end audit documentation and work with external auditors; • Lead efficiency projects to streamline processes Education Requirements: Bachelor’s degree in Accounting or at least ten years of receivables and/or racing experience. Qualifications: Prior experience in the equine indust